Importance of Pre-approvals for Apopka Florida Home Purchases

If you are looking to purchase a home and are wondering if you should obtain a pre-approval first, the answer is "YES." Pre-approvals are extremely important for several reasons. Here's what you should know about the importance of pre-approvals for Apopka Florida home purchases.

Pre-viewing the Right Homes

Given the many changes in the mortgage industry over the years, it's difficult to know what programs you may qualify for and how much you may be approved for. Without obtaining an actual pre-approval, any figures that you have in mind are pure guesses.

If you're out there viewing properties without a pre-approval, it's likely that you're wasting time looking at the wrong homes. Imagine finding a beautiful home for $550,000 that you absolutely fall in love with, only to find out that your maximum purchase price is actually $500,000. Every home that you see after that (within your true price range) will likely pale in comparison. It can be emotionally devastating. 

To avoid going through this, it's best to have a pre-approval completed before viewing homes. It will save you time, energy, and heart ache!

Having the Ability to Act

If you haven't heard already, the market is heating up. In some areas, a seller's market is in full swing with quick sales and multiple offers. If you find that perfect home, you won't be ready to act unless you have a mortgage pre-approval. Sellers are unlikely to even consider your offer without a pre-approval. By the time you get that completed, that home that love may already be taken by another buyer.

In this type of market, buyers must act quickly. Having that pre-approval in-hand is a critical component of being ready, willing, and able to make offers and move forward with a home purchase.

Importance of Pre-approvals for Apopka Florida Home Purchases

Now that you understand the importance of pre-approvals for Apopka Florida home purchases, it's time to take the first step. Contact a local lender to request a pre-approval. You will typically need to provide personal financial information such as your income, debts, tax returns, pay stubs, and bank statements. Gather these ahead of time, if possible.

If you are not sure where to find one, give us a call. We have worked with many different lenders over the years and can recommend a reputable one to assist with your mortgage needs. 

About Us


Arrowsmith Realty, Inc. is a boutique real estate agency in Apopka, Florida. It was founded by Natalie Arrowsmith, a fourth-generation Floridian and experienced real estate professional. The agency serves real estate customers in Central Florida including the communities of Plymouth, Tangerine, Winter Garden, Gotha, Mount Plymouth, Mt. Dora, Sorrento, Zellwood, and Ocoee. Read More »

  • 214 South Lake Avenue
  • Apopka,FL 32703
  • Office: 407.992.8955
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